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The etherland ecosystem works using a utility token called ELAND. This is the token used to pay for bounties, grades subscriptions, and every upcoming platform feature. It is fully decentralized, meaning its ownership was released, its total supply is fixed and very low, and more than 75% of ELANDs are in circulation, guaranteeing the investors’ serenity.
Etherland is pushing the real-estate industry toward web 3.0 by granting users critical decision-making information. Its Estatepedia stores and tracks
ownership history, renovation works, deeds, EPCs, norms, etc ... of
every registered property. lt makes every participant a direct actor in
data preservation and grants the user power over his own data.
Ethereum and IPFS work together to achieve this feat. Our Ethereum smart contract acts as the ledger for major transactions and changes, while IPFS acts as the store of data tied to and stamped by it.
Furthermore, as we fill the Estatepedia, we are changing the real
estate industry to make it a natural hedge against crisis and inflation,
removing the administrative hassle and horrendous delays, thus
increasing fungibility.
What is Etherland?
Etherland is an innovative real-estate ecosystem designed to revolutionize the industry by leveraging blockchain technology, specifically Ethereum, and IPFS (InterPlanetary File System) to enhance transparency and efficiency in property transactions. At the heart of this ecosystem is the ELAND token, a utility token that facilitates various functions within the platform, including but not limited to, paying for bounties, grade subscriptions, and accessing upcoming features.
The platform aims to bridge the gap between real estate and the digital world by creating a decentralized environment where property information, such as ownership history, renovation works, deeds, Energy Performance Certificates (EPCs), norms, and more, is securely stored and easily accessible. This is achieved through Estatepedia, a comprehensive database within Etherland that empowers users by making them direct actors in data preservation, thereby granting them control over their own data.
Etherland's use of Ethereum smart contracts ensures that major transactions and changes are securely recorded on the blockchain, while IPFS is utilized to store the data tied to these transactions, ensuring its permanence and reliability. This synergy between Ethereum and IPFS facilitates a transparent and immutable ledger of property information, making it a trustworthy source for users.
Moreover, Etherland is not just focused on enhancing transparency and efficiency in the real estate sector but also aims to contribute to environmental sustainability. The platform uses the ELAND token to support green projects, aligning with global efforts to combat climate change.
The ecosystem is designed to be fully decentralized, with a fixed and very low total supply of ELAND tokens, of which more than 75% are already in circulation. This approach ensures stability and peace of mind for investors.
In summary, Etherland is setting the stage for a future where real estate transactions are more transparent, efficient, and aligned with environmental sustainability. By harnessing the power of blockchain technology, Etherland is making significant strides towards transforming the real estate industry into a more accessible and user-empowered space.
How is Etherland secured?
Etherland's security framework is built on a foundation of proven, audited technology and best practices, incorporating open-source solutions that have been thoroughly vetted for their robustness and reliability. This approach ensures that the platform's infrastructure is fortified against potential vulnerabilities, providing a secure environment for users to interact with the blockchain and its associated applications.
At the core of Etherland's security measures is the encryption of sensitive data, such as seed phrases, which are stored securely within the browser's local storage. This method protects user information from unauthorized access, ensuring that only the rightful owner can access their assets and data.
The platform leverages the decentralized nature of blockchain technology by employing a decentralized application (dApp) framework. This not only enhances security by distributing data across a network of nodes but also ensures that the platform remains resistant to single points of failure, which could compromise the integrity and availability of the service.
A network of secure and proven node operators is utilized to further bolster the platform's security posture. These operators are responsible for maintaining the blockchain's infrastructure, ensuring that transactions are processed efficiently and securely. By relying on a set of trusted and controlled environments for activities such as staking, Etherland minimizes counterparty risk and provides users with a reliable platform for their blockchain-based real estate transactions.
Etherland's innovative use of Ethereum smart contracts and IPFS (InterPlanetary File System) technology underpins its secure management of real estate data and assets. Ethereum smart contracts act as a secure ledger for recording major transactions and changes, while IPFS provides a decentralized storage solution that ensures data integrity and accessibility. This combination of technologies enables Etherland to securely store and track critical information, such as ownership history, renovation works, and legal documents, transforming the real estate industry by increasing transparency and reducing administrative burdens.
In conclusion, Etherland's security is achieved through a comprehensive strategy that includes the use of audited technologies, secure data storage practices, a decentralized application framework, and the integration of Ethereum and IPFS technologies. This multifaceted approach ensures that users can confidently participate in the platform's real estate ecosystem, knowing their data and transactions are protected.
How will Etherland be used?
Etherland is revolutionizing the real estate industry by leveraging blockchain technology to digitize property assets and legal documents. This innovation aims to enhance the security, simplicity, and reliability of property management and transactions. At the core of Etherland's ecosystem is the ELAND token, a utility token designed to facilitate various transactions within the platform.
The ELAND token serves multiple purposes. It is used to pay for bounties, subscriptions, and access to other features on the platform. This token plays a crucial role in the data preservation and ownership aspects of the real estate industry, ensuring that users have control over their data. By integrating with decentralized finance (DeFi) protocols, Etherland is expanding the utility of the ELAND token, making it a versatile tool for users within the ecosystem.
Etherland's Estatepedia is a key feature that stores and tracks the ownership history, renovation works, deeds, Energy Performance Certificates (EPCs), norms, and other relevant information of registered properties. This database empowers users by providing them with essential information for making informed decisions. The use of Ethereum smart contracts and the InterPlanetary File System (IPFS) ensures the integrity and accessibility of this data, making every participant an active contributor to the preservation and management of property information.
By digitizing real estate assets and making this information readily available, Etherland is not only streamlining the administrative processes involved in real estate transactions but also increasing the fungibility of real estate as an asset. This approach aims to mitigate the traditional challenges faced by the industry, such as administrative hassles and delays, thereby making real estate a more attractive option for investment and management.
In conclusion, Etherland utilizes the ELAND token within its blockchain-powered platform to facilitate a wide range of services and features, from payments for bounties and subscriptions to the preservation of property data. Through its innovative use of technology, Etherland is setting the stage for a more efficient, transparent, and user-empowered real estate industry. As with any investment, potential users and investors are advised to conduct thorough research to understand the risks and benefits associated with the platform and its token.
What key events have there been for Etherland?
Etherland, a blockchain initiative, is set to transform the real estate sector by leveraging blockchain technology to enhance the transparency and traceability of real estate properties and their associated legal documents. Since its inception on April 9th, Etherland has been at the forefront of integrating blockchain into real estate, aiming to usher the industry into the era of web 3.0.
The project utilizes a utility token, ELAND, for various platform functionalities, including paying bounties, grading subscriptions, and future platform features. This token is decentralized, with its ownership distributed, a fixed and low total supply, and over 75% of the tokens already in circulation, aiming to provide stability for its investors.
One of the cornerstone features of Etherland is its Estatepedia, a comprehensive database that stores and tracks the ownership history, renovation works, deeds, Energy Performance Certificates (EPCs), norms, and more for every registered property. This initiative not only democratizes access to property information but also empowers users by giving them control over their data. By doing so, Etherland is not just a platform but a participant in the preservation of data, ensuring that every stakeholder in the real estate market becomes a direct actor in this new ecosystem.
The technological backbone of Etherland combines Ethereum and the InterPlanetary File System (IPFS) to achieve its objectives. Ethereum's smart contracts serve as the ledger for major transactions and changes, ensuring security and transparency, while IPFS provides a decentralized storage solution that houses data linked to and verified by the blockchain. This synergy between Ethereum and IPFS is pivotal in realizing Etherland's vision of a more accessible, transparent, and efficient real estate industry.
By streamlining the administrative processes and reducing delays, Etherland aims to increase the fungibility of real estate, making it a more attractive option for hedging against crises and inflation. This innovative approach to real estate could potentially redefine the industry, making it more aligned with the demands and expectations of the digital age.
The live Etherland price today is $0.039951 USD with a 24-hour trading volume of $26,961.14 USD. We update our ELAND to USD price in real-time. Etherland is down 2.02% in the last 24 hours. The current CoinMarketCap ranking is #1843, with a live market cap of $1,545,165 USD. It has a circulating supply of 38,676,985 ELAND coins and the max. supply is not available.